- TSMC posted record profit for a sixth straight quarter and expects Q4 revenue to be 58% higher than a year earlier, driven by demand for its advanced chipmaking technologies.
- TSMC had 534 customers in 2025, and its top 10 customers accounted for 78% of net revenue, with its top two bringing in 19% and 17%.
- Analysts say capacity constraints could threaten AI infrastructure investment plans if compute demand keeps growing at its current rate over the next 12 to 18 months; U.S. hyperscalers project well over $700 billion in capex this year.
- TSMC is adding capacity with new fabs in Taiwan, Japan and Arizona, and in July raised its Arizona commitment to $265 billion; ASML says customers want orders through 2030.
Quotes
“The competition is extremely fierce”
“They want to see a repeat of that.”